Budget 2020 – What you need to know

Chancellor Rishi Sunak’s first Budget was dominated by the threat of Coronavirus and his measures did include some positive news to support small businesses through the crisis. Here’s a breakdown of some of the key points that could affect your business.


Coronavirus Outbreak

To support the country through the outbreak, the Chancellor announced the following measures:



For those who’s businesses have been affected by the outbreak of Coronavirus there is support available from the Coronavirus Business Interruption Loan Scheme:


National Insurance


Other key announcements


All of us at Turas Accountants are working hard at establishing the detail of the Chancellor’s announcements. If you would like advice on how it might affect your business, give us a call on 01952 882434 or email [email protected] and we would be happy to help.